Economists, decision analysts, management scientists, and others have long argued that government should take a more scientific approach to decision making. Pointing to various theories for prescribing and rational izing choices, they have maintained that social goals could be achieved more effectively and at lower costs if government decisions were routinely subjected to analysis. Now, government policy makers are putting decision science to the test. Recent government actions encourage and in some cases require government decisions to be evaluated using formally defined principles 01' rationality. Will decision science pass tbis test? The answer depends on whether analysts can quickly and successfully translate their theories into practical approaches and whether these approaches promote the solution of the complex, highly uncertain, and politically sensitive problems that are of greatest concern to government decision makers. The future of decision science, perhaps even the nation's well-being, depends on the outcome. A major difficulty for the analysts who are being called upon by government to apply decision-aiding approaches is that decision science has not yet evolved a universally accepted methodology for analyzing social decisions involving risk. Numerous approaches have been proposed, including variations of cost-benefit analysis, decision analysis, and applied social welfare theory. Each of these, however, has its limitations and deficiencies and none has a proven track record for application to govern ment decisions involving risk. Cost-benefit approaches have been exten sively applied by the government, but most applications have been for decisions that were largely risk-free.

This book documents the First World Landslide Forum, which was jointly organized by the International Consortium on Landslides (ICL), eight UN organizations (UNESCO, WMO, FAO, UN/ISDR, UNU, UNEP, World Bank, UNDP) and four NGOs (International Council for Science, World Federation of Engineering Organizations, Kyoto Univ. and Japan Landslide Society) in Tokyo in 2008. The material consists of four parts: The Open Forum "Progress of IPL Activities; Four Thematic Lectures in the Plenary Symposium "Global Landslide Risk Reduction"; Six Keynote Lectures in the Plenary session; and the aims and overviews of eighteen parallel sessions (dealing with various aspects necessary for landslide disaster risk reduction such as: observations from space; climate change and slope instability; landslides threatening heritage sites; the economic and social impact of landslides; monitoring, prediction and early warning; and risk-management strategies in urban area, etc.) Thus it enables the reader to benefit from a wide range of research intended to reduce risk due to landslide disasters as presented in the first global multi-disciplinary meeting.

This book arrives at just the right time to facilitate understanding of performance-based fire risk assessment in buildings – an integral part of the global shift in policy away from traditional prescriptive codes. Yung, an internationally recognised expert on the subject of fire risk assessment, introduces the basic principles and techniques that help the reader to understand the various methodologies that are currently in place or being proposed by different organisations. Through his illustration of basic principles and techniques he enables the reader to conduct their own fire risk assessments. He demonstrates how the probabilities of fire scenarios are assessed based on the probabilities of success and failure of fire protection measures that are in place. He also shows how the consequences of fire scenarios are assessed based on the intensity and speed of fire and smoke spread, the probability and speed of occupant response and evacuation, and the effectiveness and speed of fire department response and rescue efforts. Yung’s clear and practical approach to this highly topical subject enables the reader to integrate the various tools available into a quantitative framework that can be used for decision making. He brings an invaluable resource to all those involved in fire engineering and risk assessment, including students, academics, building designers, fire protection engineers, structural engineers, regulators and risk analysts.

A collection of thirty-five articles by this renowned specialist in the sytematic study of insurance, and covering a broad range of topics.

Right Risk is about taking more deliberate and intentional risks in an increasingly complex world. It is about all the things that happen to you when you are planning for, engaging in, or running from, a risk. It aims to answer such questions as: How do I know which risks to take and which to avoid? How do I balance the need to take more risks w...

This book investigates the relationships between rural poverty, risk, and development. Building upon the author's work in the area, it summarises the contributions of recent theoretical and empirical work to our understanding of how risk affects rural poverty levels in developing countries. In particular the book examines what we do and do not know about risk coping strategies among today's poor rural societies. Ways in which these strategies may be re-examined and improved by governments and international organisations are proposed.

Issues in Insurance and Risk Management / 2012 Edition is a ScholarlyBrief™ that delivers timely, authoritative, comprehensive, and specialized information about Risk Management in a concise format. The editors have built Issues in Insurance and Risk Management: 2012 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Risk Management in this eBook to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Insurance and Risk Management: 2012 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.